Why is the Credit Builder Plan a loan if I can’t access any money up front?

Why is the Credit Builder Plan a loan if I can’t access any money up front?

It's a loan because we give you money and you have to pay it back, even though you can't access it right away.

We give it to you by putting it into your SeedFi Savings Account. You can't access it until you pay back the entire amount. The beauty of this structure is that we're able to report the payments to the credit bureaus to help you build credit.